jain.com

Sold 3,102 BTC to fund $250M buyback

Company: Hut 8

Subject kind
financing
Statement date
2026-11-04
Promised amount
250000000.0 USD
Current status
stated

The claim, verbatim

Hut 8 sold 3,102 Bitcoin and used the proceeds to execute a $250 million stock buyback.

Source (primary)

Hut 8 Sold 3,102 Bitcoin to Buy Back $250 Million of Its Own Stock. Which Miners Are Still Holding Theirs? - 24/7 Wall St. (-, news_article)
View cached copy (2026-11-05)Live source ↗

Quote: “Hut 8 ( NASDAQ:HUT ) recently sold 3,102 Bitcoin ( CRYPTO:BTC ) and used the proceeds to execute a $250 million stock buyback”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Hut 8 Sold 3,102 Bitcoin to Buy Back $250 Million of Its Own Stock. Which Miners Are Still Holding Theirs? - 24/7 Wall St.

Quote: “Hut 8 ( NASDAQ:HUT ) recently sold 3,102 Bitcoin ( CRYPTO:BTC ) and used the proceeds to execute a $250 million stock buyback”

View cached copy (2026-11-05)Live source ↗